Despite the overwhelming evidence that money printing doesn’t work, the Eurozone overlords will to do it anyway.
It is highly likely that the Germans’ resolve against money printing will dissolve in the face of panic.
Will German guilt overcome German fiscal responsibility? Will France give up control over its own budget to accept Germany’s demands?
Never underestimate a desperate central bank’s willingness to print.
OECD Leading Indicators – Reliable?
Tengo la sensación de que Argentina se ha quedado atascada en una especie de bucle en el tiempo como en el “Día de la Marmota”.
If there is one thing that would harm the economy right now it would be higher taxes on those who create jobs.
A Reason.tv interview with the Pacific Legal Foundation’s Timothy Sandefur on the issues at hand in Department of Health and Human Services v. Florida.
¿Puede el gobierno obligarle a comprar algo? El caso del Departamento de Salud y Servicios Humanos vs. Florida.
The ECB doesn’t print money and monetize sovereign debt of member states. While they have done some of this, there seems to be political resistance to debt monetization, mainly from Germany and France. They better make sure it continues that way.
No va a ser agradable, pero es inevitable: el nivel de endeudamiento es insostenible.
You folks are demonstrating your anger at “Wall Street” for our problems. You blame “Wall Street” and the “corporations” and “greed” for the Great Recession. You are looking in the wrong place.
The market is betting that Greece will default –soon.
Los europeos han creado un problema que no pueden resolver.
Cada vez es más obvio que el rescate griego no funcionará y que el país heleno suspenderá pagos.
It is apparent that some of the PIIGS will default, maybe all of them.
A bailout of Italy would cost the EU another €500 or €600 billion. Spain would be another €300 billion. Why would Germany and France want to do that?
A curious thing happened in the RMBS and CMBS markets (ABX) this Spring: it crashed and ultimately recovered only somewhat (at least for the super senior tranches).
There are two ways out of this mess: default or monetary inflation.
How the EMU works, why it is failing, and why they will resort to fiat money printing to solve it.